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Sify suffers loss of Rs7 cr

Sify suffers loss of Rs7 cr
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First Published: Tue, Apr 24 2007. 12 04 AM IST
Updated: Tue, Apr 24 2007. 12 04 AM IST
Chennai: Internet services provider and portal Sify Ltd has reported a net loss of $1.7 million (Rs7.14 crore) in the fourth quarter of fiscal 2007 compared with a profit of $600,000 in the year-ago period, as it went about restructuring its business in the last six months. The January-March quarter saw an 11% increase in revenue to $33 million over $29.9 million in the previous year, Sify said.
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First Published: Tue, Apr 24 2007. 12 04 AM IST